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Jack Dorsey, Jay Z to invest $23.6m in bitcoin development
Twitter CEO Jack Dorsey and rapper Jay Z created an endowment to fund bitcoin development in which they have already put 500 bitcoin worth $23. 6m.
FTSE 100 movers: Travel stocks take a hit
London’s FTSE 100 was up 0. 1% at 6,537. 39 in afternoon trade on Friday.
Keras Resources makes decent progress at Diamond Creek
Mineral resource company Keras Resources updated the market on its progress at the Diamond Creek high-grade direct shipping ore organic phosphate mine in Utah on Friday, which is owned by its 51% subsidiary Falcon Isle.
US pre-open: Futures in the red ahead of the bell
Wall Street futures were in the red ahead of the bell on Friday but major indices still looked set to round out the week with some modest gains.
Europe midday: Shares flat as travel stocks fall out of favour
European stocks were flat at lunchtime on Friday as travel stocks fell on fears of a summer bookings slump and investors continued to hold out for progress on US stimulus measures.
Lastminute.com faces court action unless it pays £1m in refunds
Online travel agent Lastminute. com has been threatened with court action unless it pays more than £1m of outstanding refunds, the UK’s competition regulator said on Friday.
London midday: Stocks steady after GDP data
London stocks had pared earlier small losses to trade flat by midday on Friday as investors mulled the latest UK GDP data, with travel and leisure issues under the cosh.
Berenberg lowers Carnival to 'sell'
Analysts at Berenberg lowered cruise operator Carnival from 'hold' to 'sell' on Friday, citing significant headwinds for the industry not yet factored into the group's current share price.
Asia report: Markets finish weaker as oil prices fall
The few markets that were open in Asia closed weaker on Friday, as many countries in the region enjoyed the Lunar New Year holiday, and after oil prices slid overnight amid concerns about the timing of a recovery in demand.
Greencoat UK Wind launches £198m placing to pay down debt, fund acquisitions
Renewable infrastructure fund Greencoat UK Wind said on Friday that it was launching a placing to raise up to £198m to pay down debt and fund acquisitions.
KPMG UK boss quits after 'stop moaning' remarks to staff
Beleaguered KPMG UK boss Bill Michael quit on Friday after telling staff to "stop moaning" in a virtual meeting this week.
Jet2 raises £422m to help weather pandemic
Jet2 said on Friday that it has raised around £422m in a placing to help the airline and holiday company to weather the Covid-19 pandemic and related restrictions.
Bezant completes acquisition of Kanye project, Namibia licence
Copper-gold exploration and development company Bezant Resources announced the completion of its acquisition of Metrock Resources and its manganese mineral exploration licences in southern Botswana on Friday, comprising the Kanye Manganese Project.
Canaccord Genuity raises target price on MJ Gleeson
Analysts at Canaccord Genuity raised their target price on householder MJ Gleeson from 810. 0p to 850. 0p on Friday after the group's interim results confirmed "a good recovery" from 2020's initial lockdown.
Ascential sells DeHavilland brand to Bridgepoint for £15m
Information, data and analytics company Ascential said on Friday that it has sold DeHavilland, a brand within its Built Environment & Policy (BEP) segment, to Bridgepoint for £15m in cash.
UK economy contracts by record 9.9% in 2020
Britain's economy shrank by 9. 9% in 2020, the worst annual slump on record amid the Covid-19 pandemic, according to official data released on Friday.
Red Rock Resources raises £1m to hasten drill programmes
Red Rock Resources has raised £1m, it announced on Friday, in a bid to hasten its drill programmes in Australia, the Congo and Kenya.
InfraStrata acquires almost all assets of collapsed Burntisland Fabrication
Infrastructure investor InfraStrata has acquired “substantially all” of the assets of Burntisland Fabrication, it announced on Friday, providing it with increased capacity across two sites in prime locations in Scotland.
Renew Infra acquires 67.2mw Swedish wind farm
Investment firm The Renewables Infrastructure Group has acquired Grönhult, a 67. 2m watt ready-to-build onshore wind farm located in the southwest of Sweden.